According to the Japan Economic and Industry forecasting, in the 2nd quarter of this year, Japan's crude steel output is expected to fall by 2.4% year on year, decline by 2.7% month on month to 25.24 million tons.

Among them: Japan’s ordinary steel demand of 18.36 million tons, down by 4.1% year on year, down by 2.9% month on month; special steel demand of 4.55 million tons, down by 2.7% year on year, and down by 2% year on year, respectively. 

In addition, Japan’s steel exports are expected to reach 7.87 million tons in the 2nd quarter of this year, down by 6.3% year on year, and down by 1.8% month on month.

• [Editor:Chen Zhen Seng]